2020-09-11
Lenders press Congress to restart — and revamp — the Paycheck Protection Program; Fed corrects stress test error for Morgan Stanley, Goldman Sachs; M&T's new fintech unit rolls out first product; and more from this week's most-read stories.
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2020-09-11
First Mutual Holding has agreed to buy Martinsville First Savings Bank, which will retain its charter, brand and management team.
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2020-09-11
For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.
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2020-09-11
More consumer and commercial borrowers are paying their loans, increasing the likelihood that charge-offs will be manageable for banks despite the ongoing pandemic.
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2020-09-11
The financial industry has praised the measured approach taken in a pending regulation on permitted communications with consumers.
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2020-09-11
U.S. Bank and Regions revamped their apps with accessibility in mind; JPMorgan Chase built a branch for customers who are deaf. Such efforts can help banks appeal to more customers in existing markets.
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2020-09-11
The four-year plan submitted as part of its acquisition of E-Trade includes grants to community development organizations and support for uniform vendor diversity standards.
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2020-09-11
The Liberty Lake, Wash.-based credit union has agreed to buy four branches from the Roseburg, Ore.-based bank.
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2020-09-11
The plan would encourage more risk-taking by big banks, which would put the industry and taxpayers in harm’s way, write former CFPB Director Richard Cordray and Camden Fine, onetime head of the Independent Community Bankers of America.
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2020-09-11
Members are completing more of their banking online than ever before, forcing many institutions to rethink their strategies for physical locations.
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2020-09-10
At a time when many lenders are shying away from an industry hit hard by the pandemic, State Bank of Texas is going all in.
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2020-09-10
When Jane Fraser takes the reins of Citigroup in February, she will have to tackle the company’s cards slump, lagging performance metrics and challenges presented by employees’ return to the office.
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2020-09-10
This article originally appeared at https://www.forbes.com/sites/adamminsky/2020/09/02/court-allows-bankrupt..
Read More from: Shenwick & Associates
2020-09-10
The bank said the move will provide more flexibility raising capital and more options when it comes to pursuing bank acquisitions.
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2020-09-10
The post was vacant since Kristy Fercho left to run Wells Fargo Home Loans in July.
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2020-09-10
In her steady advance up the payments industry career ladder, Colleen Taylor has pursued a consistent theme of taking on challenging roles at pivotal moments, which has propelled her trajectory.
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2020-09-10
The new order is the strongest move yet by a U.S. bank to require employees to return to the workplace.
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